AGENDA CAPTION:
Title
Consider approval of Resolution 2021-151R, approving an update to the Service and Assessment Plan for the Whisper Public Improvement District; authorizing the City Manager, or his designee, to execute said document on behalf of the city; and declaring an effective date.
Body
Meeting date: August 17, 2021
Department: Finance Department, Marie Kalka, Director of Finance
Amount & Source of Funding
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Funds Available: Click or tap here to enter text.
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Fiscal Note:
Prior Council Action: The City Council approved the Amended and Restated Financing Agreement on April 15, 2020. Adoption of the original Service and Assessment Plan (SAP) and levied $14,300,000 in Assessments to finance the Authorized Improvements was last approved by the City Council on June 2, 2020. The City Council adopted and approved Resolution No. 2021-22R which approved the 2021 Service Plan to Reallocate Assessments from the Parcels in the original Service and Assessment Plan to newly created Parcels on January 19, 2021.
City Council Strategic Initiative: [Please select from the dropdown menu below]
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Comprehensive Plan Element (s): [Please select the Plan element(s) and Goal # from dropdown menu below]
? Economic Development - Choose an item.
? Environment & Resource Protection - Choose an item.
? Land Use - Choose an item.
? Neighborhoods & Housing - Choose an item.
? Parks, Public Spaces & Facilities - Choose an item.
? Transportation - Choose an item.
? Core Services
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Master Plan: [Please select the corresponding Master Plan from the dropdown menu below (if applicable)]
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Background Information:
On October 6, 2014, the City Council approved Resolution No. 2014-143R, creating the Whisper PID to finance certain Authorized Improvements for th...
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